Bitcoin Gold price prediction
Our price prediction is based on hi-resolution deal analysis from cryptocurrency exchanges. We are collecting and gather statistics to obtain price support levels that show most important zones witch traders want to buy or sell stocks. These buy/sell histograms showed in report combined with current trend analysis can be used to build high probability forecasting of future price trends. It also can be useful to set a price on calculated levels to be sure maximum profit was received.Disclaimer
Cryptocurrency trading involves substantial risk of loss and is not suitable for every investor. All trading strategies are used at your own risk. This page performs statistical analysis of past data and can be used for assumptions about the future only taking into account the statistical probability
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Bitcoin Gold price levels prediction for next 7 days
Next 7 days brief prediction
Price of BTG is now on EDGE at $2.742. So the next scenario is able. If price will go up it will spend next in CHANNEL near to $2.9220002 with $3.104 as upper border and $2.742 as bottom. If price will go down, it will FALL with support level $2.742Historic price levels for next 7 days
These levels are based on local historic minimums and maximums. Weight shows the power of broken trends.
| Price | Weight(level power) | Date of formation |
|---|
Volume profile price channel in 7 days range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 2.742 | Edge price dividing trends based on 7 days movements |
| 3.104 | Channel maximum price resist level based in case of RAISE trend on 7 days movements |
| 2.742 | Channel minimum price resist level based in case of RAISE trend on 7 days movements |
| 2.742 | Minimum price support level in case of FALL trend based on 7 days movements |
Bitcoin Gold price levels prediction for next 30 days
Next 30 days brief prediction
Price of BTG has broken last trend and will FALL from the support level $3.432Historic price levels for next 30 days
These levels are based on local historic minimums and maximums. Weight shows the power of broken trends.
| Price | Weight(level power) | Date of formation |
|---|---|---|
| $5.818634986877441 | Weight: 7.973 | 01 Apr 2019 |
| $5.051892280578613 | Weight: 6.988 | 10 Jan 2020 |
| $5.025879859924316 | Weight: 15.116 | 24 Jul 2021 |
| $4.706841945648193 | Weight: 25.028 | 24 Jul 2021 |
| $4.23262357711792 | Weight: 6.689 | 13 Mar 2020 |
Volume profile price channel in 30 days range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 3.432 | Maximum price support level based on 30 days movements |
Highly correlated currencies
| Coin | Correlation | Links |
|---|---|---|
| First tier | ||
Bitcoin Cash
BCH
|
0.9740592 | details, prediction |
Cardano
ADA
|
0.9501062 | details, prediction |
Ethereum Classic
ETC
|
0.92876583 | details, prediction |
Litecoin
LTC
|
0.90165025 | details, prediction |
XRP
XRP
|
0.88000846 | details, prediction |
| Second tier | ||
Theta Fuel
TFUEL
|
0.9896757 | details, prediction |
Waves
WAVES
|
0.98218083 | details, prediction |
Siacoin
SC
|
0.97561896 | details, prediction |
IOTA
IOT
|
0.97150946 | details, prediction |
Tezos
XTZ
|
0.9683804 | details, prediction |
| Third tier | ||
IoTeX
IOTX
|
0.989409 | details, prediction |
Loopring
LRC
|
0.98769814 | details, prediction |
Internet of Services
IOST
|
0.9773224 | details, prediction |
Elastos
ELA
|
0.96900904 | details, prediction |
SingularityNET
AGI
|
0.96347314 | details, prediction |
This report should be leaned to get most info about heading trends. It means that Bitcoin Gold price can be leaded by other, more mighty cryptocurrency, or maybe some market trend have affect on it.
It can be confidently asserted that any crypto currency has a significant dependence on the market as a whole and, in particular, the top 3 currencies - Bitcoin, Ethereum and Ripple, so the prediction of their prices will affect the price of Bitcoin Gold
Low correlated currencies
| Coin | Correlation | Links |
|---|---|---|
| First tier | ||
TRON
TRX
|
-0.80190194 | details, prediction |
UNUS SED LEO
LEO
|
-0.04413921 | details, prediction |
ZCash
ZEC
|
0.27543873 | details, prediction |
Bitcoin
BTC
|
0.720108 | details, prediction |
Ethereum
ETH
|
0.7249432 | details, prediction |
| Second tier | ||
Dai
DAI
|
-0.19826517 | details, prediction |
Decred
DCR
|
-0.09780471 | details, prediction |
Nexo
NEXO
|
0.20829935 | details, prediction |
True USD
TUSD
|
0.21687964 | details, prediction |
Algorand
ALGO
|
0.31883445 | details, prediction |
| Third tier | ||
Ontology
ONT
|
-0.5290766 | details, prediction |
OPEN Platform
OPEN
|
-0.44714424 | details, prediction |
Enjin Coin
ENJ
|
-0.31248063 | details, prediction |
HEROcoin
PLAY
|
-0.16529483 | details, prediction |
Kambria
KAT
|
0.24639197 | details, prediction |
This report should be leaned to build highly diversified portfolio.
It makes sense to mention that a low correlation in this case includes not only coins whose movements are not statistically related but, on the contrary, move in opposite directions (in the case of a negative value of the parameter)